Department of Economics, Yildiz Technical University, Davutpaşa Campus, Esenler, 34220, İstanbul, Turkey.
Environ Sci Pollut Res Int. 2022 Jul;29(32):48759-48768. doi: 10.1007/s11356-022-19286-9. Epub 2022 Feb 24.
Renewable energy is in the center for providing a sustainable energy future. Renewables are the key for overcoming the energy problems. This paper investigated the dynamic and causal relationship among renewable energy production, current account balance, energy imports, renewable energy consumption, and economic growth in the 1976-2019 period for G20 countries through panel Fourier bootstrapping ARDL model. According to empirical results, the evidence of cointegration between the selected variables was determined. Results indicate that economic growth, energy imports, energy consumption, and current account balance provide the important impacts on renewable energy generations. Our results determined that there is a unidirectional causality from energy imports, renewable energy consumption, and current deficit to renewable energy production. As countries decrease their dependence on the imports of energy, this may both increase the quality of environment through production of more renewable energy and reduce current account imbalances.
可再生能源是提供可持续能源未来的核心。可再生能源是克服能源问题的关键。本文通过面板傅里叶自举 ARDL 模型，研究了 1976-2019 年间 G20 国家可再生能源生产、经常账户余额、能源进口、可再生能源消费和经济增长之间的动态和因果关系。根据实证结果，确定了所选变量之间存在协整的证据。结果表明，经济增长、能源进口、能源消费和经常账户余额对可再生能源发电有重要影响。我们的结果确定，从能源进口、可再生能源消费和经常账户赤字到可再生能源生产存在单向因果关系。随着各国减少对能源进口的依赖，这既可以通过生产更多的可再生能源来提高环境质量，又可以减少经常账户失衡。
